2026-01-07 11:14:53

In 2025, the DeFi sector has experienced a subtle shift—those who once could only "cheer from the sidelines" are finally starting to get a taste of the benefits.

Starting with the leading decentralized exchange. Uniswap has officially activated the fee switch mechanism, where the protocol's revenue is no longer entirely used for liquidity providers but instead allocates a portion for direct repurchase and burning of UNI tokens. What does this mean? The more active on-chain trading is, the higher the protocol income, and the more direct the returns for token holders—value capture has shifted from mere promises on paper to a tangible mechanism design.

The lending giant Aave is also not to be outdone. They announced a $50 million token buyback plan and upgraded through Umbrella to control the release rate of new tokens. This combination not only supports secondary market demand but also alleviates inflationary pressures. Veteran projects are finally figuring out how to make the token economy healthier.

Mantle, as a new Layer 2 project, is also exploring similar token value mechanisms, aiming to enable ecosystem participants to share the dividends of network growth. Behind this wave reflects the maturity of the entire DeFi market—from simple liquidity incentives to genuine value distribution, tokenomics is moving from idealism toward reality.

UNI-0,12%

AAVE1,43%

MNT1,37%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
9
Repost
Share

Comment

0/400

ChainMaskedRider

· 01-10 09:36

Finally, it's not just air anymore. This time, they really brought tokenomics from PPT onto the chain. The UNI buyback and burn mechanism looks good, but it still depends on whether trading volume can support it; otherwise, it might just be a pie in the sky. Aave's 50 million buyback is somewhat sincere, and Umbrella's upgrade to control inflation is also pretty good—definitely better than projects that only print more tokens. By the way, Mantle copying this approach is probably trying to secure a position. With so many L2s out there, what's the differentiation?

View OriginalReply0

RealYieldWizard

· 01-10 08:00

It's finally no longer just a paper promise; real gold and silver buybacks are the way to go.

View OriginalReply0

SorryRugPulled

· 01-09 21:46

It's finally not just empty talk; it's real buybacks and burns. Now that's interesting. Uni and Aave's recent actions remind me of those projects that only make promises before, but now the gap has become clear.

View OriginalReply0

ShibaMillionairen't

· 01-07 11:44

Finally, it's not just air anymore, real gold and silver buybacks... UNI's move this time is really aggressive. The more active the trading, the more we earn. This is what a virtuous cycle looks like.

View OriginalReply0

OvertimeSquid

· 01-07 11:44

Finally, the day has arrived. Those empty promises before were really annoying. Uniswap's move is still awesome, directly repurchasing and burning, much better than those who only make empty promises. Aave's $50 million buyback, I respect that. This is what shows some sincerity to token holders. It should have been like this earlier. DeFi needs to get serious, or it will be beaten by CeFi. But real implementation still depends on the actual progress. Don't just hype concepts for a short while and then be done.

View OriginalReply0

FloorSweeper

· 01-07 11:44

finally seeing the real alpha leak here... uni flipping the fee switch isn't cute tokenomics theater anymore, it's actual cash flow. paper hands been crying "wen utility" for years, and now that it's actually here they're still fomoing in lmao

Reply0

SudoRm-RfWallet/

· 01-07 11:43

Hey, it's finally not just a pure meme coin story anymore; dividends are really starting now. The UNI buyback and burn operation is much better than just making empty promises... but it still depends on whether trading volume can support it. Aave's 50 million buyback sounds good, but inflation is still too fast. Can this really stabilize the market? DeFi has finally grown up? Feels a bit early... need to watch a bit more.

View OriginalReply0

RamenStacker

· 01-07 11:40

It's finally not just empty promises anymore. Buybacks and burns can really make an impact... but it still depends on whether they can hold up in the future.

View OriginalReply0

BearMarketBuyer

· 01-07 11:18

Finally, it's not just empty talk anymore. This time, it actually has some substance. I have to give a thumbs up to Uni's mechanism design.

View OriginalReply0